Singapore American School Foundation Annual Report 2012-2013

2012-13

ANNUAL REPORT

OF THE SAS FOUNDATION LIMITED AND THE SINGAPORE AMERICAN SCHOOL FOUNDATION

MISSION The mission of the SAS Foundation Limited (Singapore) and the Singapore American School Foundation (United States) is to provide charitable funding for educational programs, operations and capital initiatives at Singapore American School and for SAS student educational needs.

ABOUT THE FOUNDATIONS Two charitable organizations provide support to Singapore American School: the SAS Foundation Ltd. (an IPC recognized charitable organization registered in the Republic of Singapore); and the Singapore American School Foundation (a U.S. recognized not-for-profit 501(c)3 organization). The first organization is based in and supports SAS educational needs in Singapore, and the second organization is based in the United States and supports SAS educational needs worldwide.

Both Foundations are independent, autonomous organizations with independent boards of directors; and each follows the laws, regulations, and guidelines as outlined by the appropriate oversight agencies respectively in the Republic of Singapore or the United States.

This report outlines the Foundations' activities and outcomes achieved in 2012-13. The report also summarizes the planned objectives for the year ahead, 2013-14 and beyond.

THE SAS FOUNDATION LTD BOARD MEMBERS (SINGAPORE) Koo Bon Sun (Chairman), Margrit Benton, Dr. Chan Wing Kwong, Elizabeth Khoo (Deputy Chairman), Devin Kimble (Treasurer), Rudy Muller, Adrian Peh, Jacqueline Seow, Brent Smith, Christopher Tan, Raymond Zage

THE SINGAPORE AMERICAN SCHOOL FOUNDATION BOARD MEMBERS (UNITED STATES) Chip Kimball (Chairman), Shelley DeFord, Erica Dewan, Bob Gross, Rudy Muller, Brent Mutsch, Deirdre Simon

CONTENTS PG02 ABOUT THE FOUNDATION PG04 FY 2012–13 ACTIVITY HIGHLIGHTS PG06 USES OF FUNDS AND

CHANGING THE LIVES OF OUR STUDENTS, FOR A LIFETIME SAS changes lives. SAS changes how our students view the world. At Singapore American School we nurture more than intellect; we inspire our children to be global thinkers and caring decision makers. How do we do it? We have an abiding passion to developing the potential of every child. We focus on connecting classroom learning to meaningful experiences in the broader community. We live the school’s mission and vision.

Our students are our future; they are the leaders, the teachers, the engineers, the artists and the decision makers of tomorrow. The decisions they make, the values they demonstrate and the solutions they offer will make each of them better global citizens. We are fortunate in Singapore that the people and the place – our community – uniquely shape our students’ perspectives. Gifts to the SAS Foundations fund the experiences and learning opportunities that make SAS a robust and rewarding learning environment.

The SAS Vision

A World Leader in Education Cultivating Exceptional Thinkers Prepared for the Future

The SAS Mission

The Singapore American School is committed to providing each student an exemplary American educational experience with an international perspective.

DISTRIBUTIONS PG08 2012-13 DONATIONS TO SAS FOUNDATION LIMITED PG10 PROGRAM PLANS FOR FY 2013-14

FY 2012-13 ACTIVITY HIGHLIGHTS Fundraising Aims and Efforts The sole purpose of the SAS Foundations is to support the educational needs of Singapore American School (SAS). As SAS and the Foundations are each not-for-profit organizations, all financial resources are dedicated in full to ensuring the highest quality education and learning experiences. Our aim is to equip our students with the ability to assume responsibility as leaders, decision makers and compassionate, caring global citizens.

In 2012-13, private support from the Foundations provided for those educational areas that expanded the range of rich, meaningful learning experiences, with particular attention to those programs that connect classroom theory to real-life academic, economic, social and cultural understanding.

Funds from the Foundations were directed to specific uses that highlight real-world experiences as part of our holistic educational programs. The Foundations supported programs that connected SAS further to Singapore and Singaporeans, particularly in the areas of service, volunteerism, environmental studies and cultural awareness. The Foundations also underwrote, in part, the startup costs of the school’s new daily Mandarin Chinese and Spanish language instruction in grades K – 5.

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Altogether, S$1.003 million was raised in 2012-13, S$766,000 from the Singapore-based SAS Foundation Limited and S$237,000 from the U.S.-based Singapore American School Foundation.

In April 2013, the SAS Foundation held its 8th Star Appeal Gala Dinner, raising a record amount of charitable funds.

Governance To ensure best-practices and the independence of the Singapore Foundation, the board of directors implemented several changes to the Foundation’s governing policies and practices over the last two years. In 2011-12, the Singapore Foundation created a governance committee to provide oversight of the election and training of directors and to ensure compliance with Singapore laws and regulations. Also in 2011-12, the Foundation took further steps to strengthen its governance. While it is already the case that no more than 50% of the Foundation’s directors are associated with the school’s governance, the Foundation took the step to decrease the number of school-affiliated directors to less than 30%.

In addition, the position of treasurer was established. The Foundation also established a separate audit committee to provide financial

oversight separate from the board of directors’ budgeting and finance functions. Finally, the Foundation established a development and gift acceptance committee to monitor fundraising activities, to disburse funds and to ensure that satisfactory policies are in place regarding the Foundation’s acceptance of gift funds from donors. Each of these new committees was established in 2011-12 and began their work in 2012-13, providing oversight, advice and guidance in their respective areas to the SAS Foundation board of directors. As the United States Foundation grows, similar practice of governace will be implemented over the course of the coming year.

set by the new superintendent and other SAS leaders, so as to ensure effective use of charitable resources for the benefit of SAS. As a result of these many conversations with parents, alumni, faculty and students, funding priorities were developed and in 2013-14, will be reviewed, refined and integrated into the school’s long-range financial planning.

Donor Stewardship The Foundations continued its program of communicating with donors and prospective donors as to the uses and outcomes of charitable funds to the Foundations.

Engaging the Community In his first year, Superintendent Dr. Chip Kimball held meetings, discussions, forums and conversations with school community members regarding a range of topics relating to the mission of SAS. In addition, the superintendent, working with many school colleagues and leaders, developed a renewed vision for SAS, building on its long-established mission, which will take the school forward well into the 21st century.

The Foundations developed plans that complement and correspond to the direction

Strategic Planning To better align its mission with program objectives and fundraising aims, in 2012-13 the Singapore Foundation, through the work of the new Development and Gift Acceptance Committee, formulated strategic policy and program direction on the ways that funds will be raised, allocated and distributed to SAS. This process continues into 2013-14 as the Foundations coordinate funding priorities with the school to ensure alignment on the best ways to put charitable funds to use.

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Uses of Funds and Distributions Distributions approved by the SAS Foundations' Boards of Directors for use in 2012-13 advance educational quality and opportunity at Singapore American School. The following allocations illustrate the ways that gift funds were designated so as to offer broader experiences in the classroom and beyond the classroom and to support the educational needs of students.

2012-2013 Academics and Student Leadership S$90,000 • 2012 Asia Global Issues Network Conference – Major sponsor of the GINSing conference organized and hosted by SAS students and faculty in collaboration with United World College (Singapore). 800 students from 55 schools in Singapore and Asia attended.

• Start-up funding for the newly instituted Elementary World Language Program – funding for course development, curriculum materials and faculty training of Chinese and Spanish classes in the Primary and Intermediate Schools.

Athletics and Extracurricular Programs S$95,000 • Funding for all school divisions (primary, intermediate, middle and high schools), primarily assisting with costs of coaches’ and activity leaders’ stipends and purchasing equipment and supplies for intramural clubs and sports and interscholastic athletics.

• Excellence and innovation opportunities – With a focus on math, science, technology and engineering, specifically funded hands-on application of engineering through robotics courses, field work and associated team robotics competitions in Asia and North America.

Service Learning and Community Service S$65,000 • Service Learning – Sponsored conference speaker, facilitator and hands-on training with faculty and students relating to student leadership in conjunction with 2012 Global Issues Network – Asia.

• Community Service Matching Funds – Matched student service club funds for use in service learning – building student leadership and

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organizational skills in teaching to be more productive providers of community service and develop concepts of accountability and outcomes as indicators of service club effectiveness.

• Community Library and Speaker Series – Provided major underwriting of the 2013 SAS Speaker Series, featuring internationally renowned psychologist and author Dr. Michael Thompson, who engaged with students, faculty, parents and SAS leadership over the course of three days in numerous Singapore venues and on the SAS campus.

Financial Aid S$380,000 • Provided financial aid to cover a portion of the costs of education for families who experienced short-term financial difficulties.

• Granted scholarship aid to students who incurred costs of education above and beyond tuition and fees – most often for off campus experiential programs. This funding is designed to help all students, regardless of means, to participate fully in SAS educational experiences and the associated extra costs of participation, such as in athletics, interim semester, field study, or volunteerism.

Endowment Fund S$57,000 • A portion of donations is directed for the longterm financial health of the school. Donors may choose to direct their gifts to the endowment.

Donor Specified S$125,000 • Community Service Leadership Scholarships – supported students who conducted service and service learning.

FOR THE YEAR AHEAD – 2013-14* Distributions approved by the Foundations' Boards of Directors for use in the current 2013-14 school year advance educational quality and opportunity at Singapore American School.

Athletics and Extracurricular Programs Singapore Foundation US Foundation Total

S$100,000 S$0 S$100,000

Academics and Student Leadership Singapore Foundation US Foundation Total

S$513,000 S$169,115 S$682,115

• Providing second-year funding for costs associated with establishing the Elementary World Language Program in the Primary and Intermediate Schools.

• Funding for upper Middle School and early High School sports, coaching, equipment and program costs.

• Excellence and Innovation funds to pursue start-up of new programs and student engagement in the community.

Service Learning and Community Service

• Funding for experiential programs in the sciences, math, arts, engineering and global issues.

• Significant new funding this year to support learning and academic support for those students who require additional assistance.

• Supporting learning through hands-on field and workshop-based experiences.

• Funding the expansion of the robotics program to include business development in addition to sciences and engineering; and now including Middle School students as well as High School students.

• Support for program, equipment and research costs associated with student designed and led projects as part of the senior capstone course.

Singapore Foundation US Foundation Total

S$25,000 S$52,642 S$77,642

• Community Service Matching Funds – Matching student service club funds for use in service learning - building student leadership and organizational skills in teaching to be more productive providers of community service and developing concepts of accountability and outcomes as indicators of service club effectiveness.

• Community Library and Speaker Series – Supporting the work of this parent-led group to make available resources to the SAS community on parenting, families, and student growth and development. Providing sponsorship of the 2014 SAS Speaker Series.

*Starting in 2013, funds raised and distributed by each Foundation will be reported separately, those administered by the Singapore registered SAS Foundation and those administered by the US registered Singapore American School Foundation. Previously, funds from the US foundation were distributed to the Singapore foundation so that the gift totals could be stated as a combined report. As the size and complexity of each foundation grows, both boards of directors determined to report the activities of each organization separately.

Reserves Policy: SAS Foundation (Singapore) will maintain 25% of annual revenue as reserves.

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Four-Year Summary of SAS Foundations Allocated Funds: 2010-11 to FY2013-14 Over the last four years, charitable funds have been designated for five categories: (i) academic programs; (ii) extracurricular and athletic programs; (iii) community service programs; (iv) student financial assistance; and (v) endowment growth. The first four categories of funding utilize charitable funds for supporting current programs at SAS. Endowment growth will facilitate the establishment of long term financial security to support programs, people and facilities that improve student teaching and learning.

The designation of new gift funds over four fiscal years is outlined in the following table.

USE OF FUNDS

ALLOCATED

Academic Programs Extracurricular and Athletics

2010-11 S$50,000 2011-12 S$65,000 2012-13 S$65,000 2013-14 s$77,600 TOTAL

financial assistance

2010-11 2011-12 2012-13 2013-14 S$0 TOTAL

donor specified

2010-11 TOTAL

S$682,100 S$887,100

2010-11 S$61,000 2011-12 S$69,000 2012-13 S$95,000 2013-14 S$100,000 TOTAL

community service

endowment

TOTAL per year

2010-11 $95,000 2011-12 S$20,000 2012-13 S$90,000 2013-14 TOTAL

S$325,000

S$257,600 S$250,000 S$300,000

S$380,000 S$930,000

2010-11 S$50,000 2011-12 2012-13 S$57,000 2013-14 S$0 TOTAL

S$336,600 S$443,600

2010-11 S$4,000 2011-12 S$9,400 2012-13 $$125,000 2013-14 S$NA S$138,400 TOTAL

2011-12 TOTAL

2012-13 TOTAL

2013-14 TOTAL

S$510,000 S$800,000 S$812,000 S$859,700 SUM OF 4 YEARS TOTAL

S$2,981,700

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Contributions to the SAS FoundationS 2012-13 We are pleased to recognize the following contributors who made gifts between July 1, 2012 and June 30, 2013.

1956 CIRCLE S$50,000 AND ABOVE • Tandean Rustandy and Susan Sujanto

• The Khoo Family and the Khoo Teck Puat Foundation

EAGLE CIRCLE S$20,000–S$49,999 • Shirley Fung and Paul Bernard • Michael and Shelly Dee The Hoglund Foundation • Chiet Hsuen Eng and Su Hui Lee

• Laura and Brooks Entwistle • Edward and Rachel Farrell • David and Julie Fried • Adam and Brittany Levinson • Marina Bay Sands Pte Ltd

• Kent and Susanne Paulli • Kim and Birgitte Rosenkilde • Richard and Jacqueline Seow • Gerry and Michelle Smith

• Stephen Riady Group of Foundations • Raymond and Kaori Zage • David Zemans and Catherine Poyen

TIGER CIRCLE S$10,000–S$19,999 • William and Judith Bollinger • Jeremy and Willow Brest • Bart and Valerie Broadman • Wing Kwong Chan and Vivian Liu • Yeow Ming Choo and Ling Zheng

• Steven Diamond and Sarah Jeffries • Fort Canning Asia • Chip and Cheryl Kimball • Hano Maeloa and Monita Harianto

• Beecher and Robin Abeles • Ravi and Sunanda Agarwal • Sunghak Baik and Wonjung Shim • Capital International, Inc. • Dickon Corrado and Ito Toshima

• Kyu Shik Hahn and Eui Jeong Song • David and Heather Hoffmann • ISS Facility Services Private Limited • Aaryan and Rachana Koura

• Nasser Ahmad and Romita Shetty • Vivek and Sadhana Ahuja • Peng Huat and Swat Ang • Linton Atlas and Aliza Knox • Jonathan and Jessika Auerbach • Paul and Kristin Azevedo • Richard and Ashley Barry III • Steve Berger and Sarah Wang • David Boden and Nancy Frohman • Victoria Camelio • Mark and Mieke Chamberlin • Adil and Martha Chaudhry • Allen Chu and Mary Kuo • Kenneth and Lauri Coulter • Thomas and Patricia DuCharme • Craig and Toni Dudsak • Everpaint Enterprise Pte Ltd • Darin and Sara Fahrney • Eric and Alice Foo

• Paul and Noriko Foster • Fuji Xerox Singapore Pte Ltd • Tetsuichi and Kaoru Fujiwara • Christopher and Carrie Gammons • GDS Engineering • Shawn and Marian Graham • Bryan and Christine Henning • Hoe Brothers Catering • David Hoss and Michael Fiebrich • Insulglas Systems Pte Ltd • Jessy Yeunju Jang • Geri Johnson • Will and Julie Jones • Devin Kimble and Amy Sittler • Ed and Joyce King • Michael and Maribeth Kingan • Gauri and Ranjit Lakhanpal • Michael Langlois and Anita Tan • Brett and Stephanie Lay

• Anonymous (3) • Keith and Monica Barnett • Freddy Bharucha and Anita Choksi • Timothy and Suzanne Bohling • Mark and Marianne Boyer • Eric Bryars and Cynthia Cheong • Builder 90 Pte Ltd • Amy Calabrese • Treena Casey • Kyung Cheol Chang and Hee Kyong Kim • Gladys Chapman • Kong Wain Chin and Margaret Wong • Phillip Chritton and Zhinong Zhang • Peter and Melissa Clark

• Brian Combes and Emiko Enomoto • Jason and Beth Cone • Laurynn Evans • Jay Butterfield and Susan Ewert • Kevin and Kathleen Foster • James and Beth Gribbon • Paul and Joelle Guilfoyle • Michael and Joanna Hambrick • John Shields and Mami Hirota • Bob and Mary Houser • Scott and Tara Jackson • Zunaid Kazi and Tamara Black • Itthichai and Ratchada Kittismidh • Carol Klecka • John and Jill Koncki • Heidi Krutek

• Ilian Mihov and Ralitza Peeva • Rudy and Andrea Muller • Y.S. and Suzie Nam • Mark Nelson and Margrit Benton • Edan and Bon Park • Helman and Maria Sitohang

• Zanping Sun and Yuan Yang • Chantal and Christopher Tan • Sean and Lisa Wallace • Ee Lim and Sofina Wee • The Calvin Widjaja Foundation • Yeap Transport Pte Ltd

GECKO CIRCLE S$5,000–S$9,999 • Rodney and Margaret Marchand • Chris Misner and Crystal Hayling • Brent and Maggie Mutsch • TCB Sports Pte Ltd • Erman Tjiputra and Jessica Welirang

• Steven and Asa Tucker • Vantage Construction • Soejono and Fae Varinata • Adrian and Clarice Woodworth • Zhou Hin Engineering Pte Ltd

ORCHID CIRCLE S$1,000–S$4,999 • Bryce and Crystal Madsen • Willard and Katherine McLane • Kevin and Kellie Meehan • Rockne and Rebecca Moseley • Sung Namgoong and So Yeon Lee • Doug and Maureen Neihart • Brian O'Connor and Nancy Manayang • Richard Payne • Adrian and Susan Peh • Don and Lyn Reed Pesek • Phoenix Advisers • Cameron Poetzscher and Varsha Rao • Deacon and Jennifer Powell • Devin and Dianna Pratt • Lawrence and Angela Rucinski • Ashish Saksena and Sonal Priyanka • William and Martha Scarborough

• Christopher and Joon Shortell • Brent and Sandra Smith • Andreas and Doris Sohmen-Pao • Nicholas and Jennifer Sparrow • Hadiran Sridjaja and Kyung Ye Kang • Timothy and Mona Stuart • Lilien Sun • Nolan and Patricia Villarin • Kevin Lu and Joanna Wang • Jefferson and Raweewun Weisel • Teddy Wirianata and Judith Carlotta • Anthony and Rachel Wong • Byron and Kara Wong • Susan Zhang • Jun Zhao and Kelly Tan • Michael and Betsy Zink

TRAVELER’S PALM CIRCLE UP TO S$999 • Amit Kunal and Shradha Nayan • Lands’ End Direct Merchants • Anne Lee • Sook Jin Lee • Marc and Heidi L'Heureux • Yongjun Li and Shenghui Zhou • Jamie McDougald and Aleasha Morris • Bryan and Michele Mecham • Kenitiro and Satoko Muto • Sriram Nadathur and Raksha Sriram • Leslie O'Brien • Sunghwan Park and Eunok Kim • Kent Peterson's Fourth Grade Class Families • Matthew and Cathryn Ray • Susan Ridley

• James Roderick • Ken Schunk • Select Books Pte Ltd • Gregory Smith • Ellen Snow • Evan Sotiriou • Adam Sprankell • Charles Stoehrmann • Sheryl Sutton • Akira Takahashi • Darryl and Sonali Tang • Olaf and Mahani Venema • Jeffrey Waite • White Flag Foundation • Mitchell and Jane Wood • Chun Yang • Wilbert and Amy Young • Lee Zweifel

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Program Plans for FY2013-14 Overview In 2013-14, the SAS Foundations will continue to implement the fundamental building blocks for long-term achievement of their fundraising efforts. Program plans include the execution of the SAS Annual Fund, which provides ongoing resources for today’s funding needs; communicating fundraising priorities to donors and prospective donors, based on the School's strategic plan; alignment of SAS long-term direction and vision with the financial resources afforded by sustainable long-term funding, such as endowment; and enhanced communication and stewardship with donors.

The SAS Annual Fund The SAS Annual Fund, a comprehensive approach to seeking annual charitable support, was launched last year.

The SAS Annual Fund is comprised of all gifts, for current purposes and priorities, made to SAS and the Foundations to advance the mission and vision of Singapore American School. This year, the Foundations will host its 9th Star Appeal Gala Dinner, a hallmark fundraising event. In addition the Foundations will engage other interested SAS community members, such as alumni, to support the SAS Annual Fund.

Implementing the Superintendent’s Vision and Plans as Related to Charitable Giving As the Foundations' mission is to support education at Singapore American School, it is important for donors to know the new Superintendent's direction for SAS. Therefore, a great deal of attention will be devoted to engaging the Superintendent with the SAS community and to discussing ways to improve educational opportunities and learning. The Foundations will continue to build donor relationships over the next several years.

Communication and Donor Stewardship As SAS and the Foundations devote more time and attention to the utilization of donor gift funds to meet the school’s mission and vision, it will be important to frequently share with donors the impact of their gifts on improved learning. The Foundations will establish new venues and media for communicating the use of donor funds and for recognizing, thanking and engaging donors.

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SAS FOUNDATION LTD (SINGAPORE) UEN:200813073R/IPC: 000664

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SINGAPORE AMERICAN SCHOOL FOUNDATION (UNITED STATES)

SINGAPORE AMERICAN SCHOOL CPE Registration Number: 196400340R Registration Period: 22 June 2011 to 21 June 2017 Accredited by the Western Association of Schools and Colleges (WASC)

No. 13-6266797